$BTC

Price Drop, All Eyes on Support at $87,000

#Bitcoin experienced a sharp decline from $88,275 to $87,531, showing clear selling pressure on the 15-minute chart. After a strong rise earlier, it seems that the bulls are retreating while sellers are stepping in aggressively. The current level around $87,000 is being closely monitored as a key support. If this range continues, we may see a quick bounce back towards $88,000+ for today's traders. However, if it drops below $87,000, the next logical target could be a slide down to $85,000 — and that could happen quickly.

For traders, these are critical setups. A tight consolidation or a bounce near $87,000 provides a low-risk long trade with a stop loss below it. At the same time, a confirmed break reveals room for a strong short trade towards support at $85,000. Volume is increasing, momentum is shifting, and Bitcoin is once again providing those ideal setups for today’s trade. It’s time to stay sharp — profits lie in smart reactions, not just predictions.